Discover Financial Services (DFS)
| Market Cap | 47.87B |
| Revenue (ttm) | 13.34B |
| Net Income (ttm) | 4.70B |
| Shares Out | 251.65M |
| EPS (ttm) | 18.70 |
| PE Ratio | 10.18 |
| Forward PE | 12.97 |
| Dividend | $2.80 (1.47%) |
| Ex-Dividend Date | May 23, 2025 |
| Volume | 1,693,273 |
| Open | 187.50 |
| Previous Close | 190.31 |
| Day's Range | 187.50 - 191.84 |
| 52-Week Range | 119.95 - 205.76 |
| Beta | 1.15 |
| Analysts | Buy |
| Price Target | 182.77 (-3.93%) |
| Earnings Date | Apr 23, 2025 |
About DFS
Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and deposit products; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accoun... [Read more]
Financial Performance
In 2024, DFS's revenue was $13.00 billion, an increase of 32.97% compared to the previous year's $9.78 billion. Earnings were $4.45 billion, an increase of 63.76%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for DFS stock is "Buy." The 12-month stock price forecast is $182.77, which is a decrease of -3.93% from the latest price.
News
Democrats Ask Fed to Rethink Approval of Capital One-Discover Merger
Democratic lawmakers want the Federal Reserve to reconsider its approval of Capital One's purchase of Discover. In a letter to the central bank Friday (May 2), Rep.
Capital One: Discover Acquisition Unlocks EPS Inflection
I initiate coverage on Capital One with a Strong Buy rating and a $222.92 price target, driven by underappreciated earnings accretion and network synergies from the Discover integration. My forecast f...
Discover Charge-Offs Improve and Debit Volumes Grow as Consumers Are ‘Stable'
Discover Financial Services posted first-quarter earnings results Thursday (April 24) that showed improving credit metrics, increased debit spending and higher deposits, ahead of its pending acquisiti...
Discover Financial Services (DFS) Q1 2025 Earnings Call Transcript
Discover Financial Services (NYSE:DFS) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Erin Stieber - Investor Relations Michael Shepherd - Director, Interim Chief Exe...
Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends'
Positive credit trends contributed to “solid first quarter financial performance” at Discover Financial Services, Discover Interim CEO and President Michael Shepherd said in a Wednesday (April 23) ear...
Discover Financial profit jumps on lower loss provision and higher interest income
U.S. credit card issuer Discover Financial reported a 30% rise in first-quarter profit on Wednesday, helped by a drop in the company's provision for credit losses and higher interest income.
Discover Financial Services Reports First Quarter 2025 Net Income of $1.1 Billion or $4.25 Per Diluted Share
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): First Quarter 2025 Results 2025 2024 YOY Change Total loans, end of period (in billions) $117.4 $126.6 (7%) Total revenue ...
Capital One CEO Says Discover Acquisition Will Build ‘Something Really Special'
With less than one month to go before its acquisition of Discover Financial Services, Capital One is on track to deliver synergies and forge an expanded consumer card and digital banking footprint in ...
Capital One Profit Rises Ahead of Discover Merger
Capital One recorded a higher first-quarter profit and is prepared to complete its acquisition of Discover on May 18.
Capital One Gets the Greenlight to Move Forward With Discover Acquisition
Capital One's plans to acquire Discover have been approved at the federal level.
Capital One and Discover Stocks Rise. Why It's a Green Light for More Mergers.
Shares were climbing after regulators approved a merger between two of the biggest U.S. credit-card issuers.
Our Top 10 High Growth Dividend Stocks - April 2025
The article provides a methodology for selecting high-growth dividend-paying stocks, focusing on dividend growth and sustainability rather than high current yield. We use our proprietary models to rat...
Capital One's $35 billion merger with Discover Financial gets regulatory approvals
The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, bringing the $35 billion tie-up closer to completion.
Capital One Expects Discover Acquisition to Close May 18 After Gaining Approvals
Capital One and Discover Financial Services said Friday (April 18) that they have received all required regulatory approvals to complete Capital One's proposed acquisition of Discover.
Regulators Give the Go-Ahead to Capital One-Discover Acquisition
Federal regulators approved Capital One's (COF) bid to become America's largest credit card lender, signing off on the company's purchase of Discover (DFS) on Friday.
Capital One gets green light to buy Discover for $35B and form credit card giant
The deal joins two of the largest credit card companies that aren't banks first, like JPMorgan and Citi, with the notable exception of American Express.
Regulators approve $35bn merger of Capital One and Discover Financial
Acquisition expected to be completed on 18 May after Federal Reserve and currency comptroller sign off on deal
FDIC and Federal Reserve Fine Discover, Alleging Credit Card Misclassification
The Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve Board fined Discover Financial Services and two subsidiaries, Discover Bank and DFS Services LLC, alleging that they misclassified co...
Capital One and Discover merger approved by Federal Reserve Board
Capital One Financial's application to acquire Discover Financial Services has officially been approved by the Federal Reserve Board and the Office of the Comptroller of the Currency. Capital One anno...
Capital One's $35 Billion Deal for Discover Gets the Green Light
The deal expands Capital One's reach and gives it a card network.
US Banking regulators OK Capital One, Discover deal
The Federal Reserve and Office of the Comptroller of the Currency said on Friday they have approved the merger of Capital One and Discover, clearing the last major hurdles for a tie-up between the two...
Capital One Receives Final Regulatory Approvals for Acquisition of Discover
MCLEAN, Va, & RIVERWOODS, Ill.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) and Discover Financial Services (NYSE: DFS) today announced that the Board of Governors of the Federal Re...
Capital One-Discover Merger Cleared By DOJ: What To Know About The $35 Billion Mega Deal
A $35 billion merger between Capital One and Discover that would make Capital One the nation's largest credit card issuer cleared a major regulatory hurdle this week, according to multiple outlets, as...